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Vast Resources ( (GB:VAST) ) has provided an announcement.
Vast Resources has agreed a conditional all-share deal to acquire 100% of Gulf International Minerals Limited, giving it full ownership of Gulf’s joint venture with the Tajik government over four producing gold operations at Aprelevka, Burgunda, Ikkizelon and Kyzylcheku, plus associated tailings and a central processing plant in northern Tajikistan. The transaction, treated as a reverse takeover under AIM rules, will see Gulf’s current owner and its shareholders receive 80% of Vast’s enlarged share capital on completion, while Vast plans to raise about £7.5 million through a placing and a retail offer, has commissioned a Competent Person’s Report on the Aprelevka assets, and has secured deferrals of debt facility repayments as it pursues what the board describes as a transformative expansion of its Tajikistan footprint and resource base; trading in its shares has been suspended on AIM pending publication of an admission document in early 2026 and shareholder approval.
The most recent analyst rating on (GB:VAST) stock is a Sell with a £0.11 price target. To see the full list of analyst forecasts on Vast Resources stock, see the GB:VAST Stock Forecast page.
Spark’s Take on GB:VAST Stock
According to Spark, TipRanks’ AI Analyst, GB:VAST is a Underperform.
Vast Resources is struggling with significant financial and operational challenges, including declining revenues and negative profitability. The technical indicators suggest a bearish trend, and the valuation metrics are poor. These factors collectively result in a low overall stock score.
To see Spark’s full report on GB:VAST stock, click here.
More about Vast Resources
Vast Resources plc is an AIM-quoted mining company focused on acquiring, developing and operating high-potential mining assets in the wider Eurasian region, including Tajikistan and Romania. The group currently manages the Aprelevka gold and silver operations in northern Tajikistan under a profit-sharing and future equity rights agreement, and it seeks to leverage in-country relationships and Soviet-era geological work to unlock value from largely underexploited deposits.
Average Trading Volume: 119,347,036
Technical Sentiment Signal: Sell
Current Market Cap: £5.75M
For a thorough assessment of VAST stock, go to TipRanks’ Stock Analysis page.